USD1

World Liberty Financial (WLFI), a crypto platform co-founded by members of Donald Trump’s family, has confirmed a test distribution of its USD1 stablecoin to current WLFI token holders. According to the project's official channels, this initiative is aimed at testing smart contract functionality in a live environment and engaging early supporters.

🔹 Snapshot Vote Passed With Overwhelming Approval
A governance vote to authorize the test distribution passed with more than 99% support, enabling WLFI to begin the process. The team stated that the distribution is meant to evaluate the technical infrastructure and introduce the USD1 stablecoin to the community.
The value and timing of the test distribution will depend on the number of eligible wallets and overall budget allocation. The team also reserves the right to suspend, adjust, or cancel the test airdrop at any time.

🔹 Partnerships With HTX Global and ListaDAO
WLFI recently announced that the USD1 stablecoin is now listed on HTX Global, with DeFi integrations via ListaDAO already underway. These include a USD1 vault and the use of USD1 as collateral within the lisUSD ecosystem.
WLFI co-founders Zach Witkoff and Eric Trump emphasized the project's commitment to creating a highly transparent and regulation-friendly stablecoin.

🔹 Regulators Remain Watchful
Despite WLFI’s public assurances, the project remains under political and regulatory scrutiny. Past concerns have been raised about token proceeds allegedly directed to entities linked to Donald Trump.
U.S. Senator Elizabeth Warren and Representative Maxine Waters have both voiced concerns about potential conflicts of interest, and have urged the SEC to review internal documentation related to WLFI.

📌 Summary:
🔹 WLFI announces a technical trial airdrop of USD1 to test smart contract infrastructure.

🔹 The project is collaborating with HTX Global and ListaDAO for broader DeFi integration.

🔹 Political scrutiny remains over transparency and institutional ties linked to Trump.

#TRUMP , #WLFI , #USD1 , #CryptoNewss , #defi

Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

Senator Elizabeth Warren is raising red flags and calling on the U.S. Senate to slam the brakes on the GENIUS Act, warning that it could lead to a shady financial windfall for Donald Trump’s controversial USD1 stablecoin.

Warren Targets “Backroom Crypto Corruption” Linked to Trump
On Sunday, Warren didn’t hold back. She blasted the GENIUS Act — short for Guiding and Establishing National Innovation for US Stablecoins — claiming it could hand Trump’s World Liberty Financial (WLFI) an "illegal payday" thanks to a high-stakes crypto deal with the United Arab Emirates.
According to Warren, WLFI recently inked a massive agreement with UAE-based MGX, which is using Trump’s USD1 stablecoin to back a $2 billion investment in Binance. That partnership has reportedly supercharged USD1’s daily trading volume and bumped it up to the 7th largest stablecoin in the world.

“Trump’s family-backed stablecoin soared to the top because of a shady crypto arrangement with a foreign government. The Senate must not legalize this kind of corruption,” Warren stated in a fiery social media post.

She’s now calling on fellow lawmakers to reject the bill outright, despite its previously broad bipartisan support. Her core concerns? Unjust enrichment, foreign influence, and a complete lack of anti-money laundering and national security protections.

Momentum Fades: 10 Senators Already Pull Support
Warren isn’t alone. A growing group of Senators — now at least 10 — have pulled their support from the GENIUS Act, citing the bill’s failure to address financial transparency and national security loopholes.
Once considered a fast-track legislative win, the GENIUS Act now appears to be losing steam quickly as lawmakers rethink its potential consequences.

A Critical Blow to Trump’s WLFI and USD1 Ambitions
If the GENIUS Act stalls in Congress, the biggest loser might be Trump’s WLFI project. The company was counting on the bill’s passage to move forward with USD1’s listing on major centralized crypto exchanges.
Without regulatory clarity, WLFI is being forced to hit pause on its launch plans — a major setback in its bid to challenge stablecoin giants like Tether.
Crypto insiders suggest that delays could leave USD1 in the dust, struggling to keep up with the market leaders. The GENIUS Act was seen as a golden ticket — and now, it’s hanging by a thread.

🔍 Summary:
🔹 Elizabeth Warren demands Senate block the GENIUS Act over conflict of interest with Trump’s USD1

🔹 WLFI’s deal with UAE-based MGX triggers trading spike and suspicions of foreign-backed enrichment

🔹 10 Senators have already withdrawn support due to lack of AML and national security safeguards

🔹 Delay could derail USD1’s centralized exchange listing and damage its rivalry with Tether

#ElizabethWarren , #DonaldTrump , #USD1 , #stablecoin , #CryptoNewss

Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

In one of the biggest shocks to the crypto world this month, Binance has finalized a $2 billion investment deal with Abu Dhabi-based MGX — powered by none other than World Liberty Financials USD1, a stablecoin backed by former U.S. President Donald Trump.

This move not only marks the largest institutional investment in Binance’s history but also places a politically-linked stablecoin at the center of a global crypto transaction. Whether you're for or against it, one thing’s for sure: crypto and politics are getting cozy — and fast.

My Thoughts:

"When politics and crypto collide, expect sparks. A Trump-backed stablecoin now greasing billion-dollar deals? This isn't just about money — it's about influence. Is this the dawn of mainstream digital power or a slippery slope into centralized chaos?"

#Binance #CryptoNews #Stablecoin #TrumpCrypto #USD1

In a surprising and exciting development in the world of cryptocurrencies, World Liberty Financial announced the launch of its new stablecoin USD1, which has direct and public support from the Trump family, giving it a strong boost in the market from the very first moments.

The currency is supported by a giant wallet containing approximately 95% of the total issuances, estimated to be worth about 2 billion dollars, which has attracted the interest of both investors and analysts.

In a striking speech at the Token2049 conference in Dubai, Eric Trump – Executive Vice President of the Trump Organization and son of President Donald Trump – stated that the 'woke cancel culture' has pushed his family into the world of cryptocurrency.

From bank victim to crypto supporter

Eric Trump revealed that at the end of President #TRUMP 's first term, many major banks around the world simultaneously canceled his family's accounts. According to Eric, the reason was nothing other than that his family 'spoke against the system,' causing them to be isolated and hunted for political reasons.